The Impact of IFRS 16 on Financial Statements
IFRS 16 is effective for annual reporting periods beginning on or after 1 January 2019, with earlier application permitted (as long as IFRS 15 is also applied). What is IFRS 16 The objective of IFRS 16 is to faithfully represent lease-based transactions and support users assessment of cash flows arising from leases. The standard requires […]
